The Kerala unit of the Communist Party of India (Marxist), or CPM, is pulling out all the stops to ensure the success of a planned statewide human chain on 2 October to protest a free trade agreement between India and the Association of Southeast Asian Nations.
A parliamentary committee on Monday approved a comprehensive trade agreement with India that would eliminate or reduce tariffs on over 4,400 Korean products exported to the Asian nation, Yonhap news reported.
The controversy over signing the India-ASEAN FTA has not dampened the enthusiasm of the UPA government for pursuing free trade
agreements with other countries.
India is secretly negotiating more than 15 economic agreements with other countries or blocks of countries. Despite strong protests against the controversial signing of an agreement on trade in goods between the Association of South East Asian Nations and India (also called ASEAN-India FTA) last August, the Government of India continues negotiating more FTAs, including with developed countries
India and Japan will start a fresh round of talks on a free trade agreement on 29 September after discussions in January remained inconclusive because the countries failed to find common ground on a few contentious issues.
Tea planters have sought financial support from the government to counter cheaper imports under the Free Trade Agreement (FTA) that India has signed with the Association of South-East Asian Nations (Asean).
Many fishermen and farmers' organizations in Mangalore have taken umbrage at a move by the Union government to sign a free-trade agreement with Association of South-East Asian Nations (ASEAN).
Planters of tea, coffee and spices in southern India are seeking financial support from the government to counter cheaper imports under the Free Trade Agreement (FTA) India signed Aug 13 with the Association of South-East Asian Nations (ASEAN).
India and Sri Lanka are expected to sign a new economic agreement next year covering both goods and services, said the island nation's Minister of Investment Promotion Navin Dissanayake.